Wilson v Secretary of State for Trade and Industry [2003] UKHL 40 is a United Kingdom human rights, consumer protection and contract law case.

Mrs Penelope Wilson pawned (or "pledged") her BMW 318 convertible for £5000 to a two-person company called First County Trust Ltd (i.e. she gave her car as security for a loan of £5000).

When the pawnbroker asked her for the money, instead of paying, she brought an action against him under the Consumer Credit Act 1974 to get her car back.

However, he also held that the agreement was an "extortionate credit bargain" and used his power under the 1974 Act to reduce the amount of interest by one half.

On prot 1, art 1 ECHR, he held that the right was not violated, because s 127(3) was intended by Parliament to make any unfair contract unenforceable, so that one might not even get the amount back (possibly even in a mildly penal approach).